“Experian is pleased to partner with DataVisor to enhance our CrossCore platform and offer our clients a leading Unsupervised Machine Learning fraud detection solution to prevent fraud from coordinated, sophisticated, and unknown attacks.”

As a major global financial institution, we are a prime target for cyber attacks that steal the most liquid of assets: cash. DataVisor has detected fraudsters hours if not days before they attack and reduced fraudulent transaction damage by over 30%.”

The DataVisor Platform

Unsupervised Machine Learning Engine

Predict new, unknown threats without labels or training data by analyzing hundreds of millions of accounts and events simultaneously using the industry’s most advanced unsupervised learning technology.

What’s Happening with Financial Fraud

Wells, wells, wells, what do we have here? Last week the news broke that Wells Fargo had “been hit with $185 million in civil penalties for secretly opening millions of unauthorized deposit and credit card accounts

We predict that account takeover fraud (ATO fraud) will skyrocket this year as result of the many data breaches we witnessed recently. Cybercriminals put the work into stealing your data, now it’s time to put that data to work for them.

On October 1, the financial payments world was abuzz with talk about how the increased adoption of the new EMV standard for credit card purchases was going to bring about dramatic changes to financial fraud.